USAPAEastonNot in Development127 S 13Th St

127 S 13Th St, Easton, PA

Name: 127 S 13Th St, For Sale in Easton - Zoocasa
Brand: The Real Estate Firm&PropMngmt
SKU: 784240
Price: 245000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$245,000

420

MLS® 784240

Overview

Key Facts

Type Apartment

Levels Residential Income

Size 1928 sqft

Garage

Maintenance Fees

Taxes $3,991

Days Active 10

Approx. Age 1900

Avg. Price Per Sqft $127

MLS® Number 784240

Property Address: 127 S 13th St, EASTON, PA, 18042-4081

Average square foot calculated using Size range provided by listing agent.

Description

Opportunity to improve rental income at this Easton two-unit property featuring a one-bedroom apartment and a three-bedroom apartment, a covered front porch, and a rear yard. Both units are occupied by long-term tenants, with current rents of $745 and $1, 013 per month, totaling $21, 096 annually. Both apartments need cosmetic renovation, offering an opportunity for a hands-on investor to update the interiors and improve rental performance over time. Listing agent estimates potential rents following appropriate improvements at $1, 250 and $1, 700 per month, totaling $35, 400 annually. These figures are projections, not current income or guaranteed results. Tenants currently pay for heat, while the owner pays water/sewer, with trash included per seller information. Separate water meters offer an opportunity to evaluate future tenant utility reimbursement, subject to existing leases and applicable billing requirements. Well suited to an owner-managed investment strategy, with potential income growth through renovation and future leasing. Property is tenant occupied and sold subject to existing leases; no vacancy or timeline for achieving projected rents is represented. Owner financing may be possible with acceptable offer. 6%, IO payments, 2 Year balloon mandatory, 1st lien position only, 20% down minimum and added expense for owner finance mortgage will be applied to buyer side closing costs.

MLS® Number784240

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1900

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatBaseboard, Electric

A/CNone

Extras

Map

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